Tag: foreign exchange

The Central Bank of Nigeria (CBN) has once again emphasized its stance that banks operating within the country are prohibited ...

As economic challenges persist in Nigeria, airline operators in the country have implemented adjustments to their ticket prices, citing inflation ...

The Central Bank of Nigeria (CBN) is set to implement stringent measures concerning the purchase of foreign currencies through Bureau ...

Analysts have raised concerns over Nigeria's remittances inflow and exports to the United Kingdom, attributing the threats to the recession ...

Nigerian Breweries, the country's largest beer maker, has disclosed a staggering pre-tax loss of N145.3 billion for the previous year, ...

Singapore-based Olam Group has announced that its Nigeria unit has been cleared of any wrongdoing in an alleged multi-billion-dollar foreign ...

In a recent commentary on Nigerian banks, credit rating agency Fitch Ratings has cautioned that the proposed foreign currency gateway ...

The landing cost of imported petrol has skyrocketed to over N1,000 per litre as Nigeria's foreign exchange crisis worsens, according ...

Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), attributed the depreciation of the naira to the increasing ...

The official Nigeria Autonomous Foreign Exchange Market witnessed a surge in foreign exchange transactions, reaching a staggering $584 million, as ...